One Choice Correlations

ATTIX Fund  USD 12.83  0.03  0.23%   
The current 90-days correlation between One Choice In and Aig Government Money is 0.13 (i.e., Average diversification). The correlation of One Choice is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak. If the correlation is 0, the equities are not correlated; they are entirely random.

One Choice Correlation With Market

Very poor diversification

The correlation between One Choice In and DJI is 0.86 (i.e., Very poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding One Choice In and DJI in the same portfolio, assuming nothing else is changed.
  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in One Choice In. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

Moving together with One Mutual Fund

  0.96AMDVX Mid Cap ValuePairCorr
  0.97AMEIX Equity GrowthPairCorr
  0.94AMGIX Income GrowthPairCorr
  0.64CDBCX Diversified BondPairCorr
  0.96AMKIX Emerging MarketsPairCorr
  0.92TWACX Short Term GovernmentPairCorr
  0.95TWADX Value Fund APairCorr
  0.97TWCCX Ultra Fund CPairCorr
  0.96TWCAX Select Fund APairCorr
  0.98TWCIX Select Fund InvestorPairCorr
  0.97TWCGX Growth Fund InvestorPairCorr
  0.94TWARX Short Term GovernmentPairCorr
  0.91TWAVX Short Term GovernmentPairCorr
  0.96AMVYX Mid Cap ValuePairCorr
  0.96AMVRX Mid Cap ValuePairCorr
  0.99TWBIX Balanced Fund InvestorPairCorr
  0.96AMVGX Mid Cap ValuePairCorr
  0.95TWEAX Equity IncomePairCorr
  0.98TWEIX Equity IncomePairCorr
  0.97TWCUX Ultra Fund InvestorPairCorr
  0.97TWGIX Growth Fund IPairCorr
  0.91TWGGX Global GrowthPairCorr
  0.82TWHIX Heritage Fund InvestorPairCorr
  0.75TWTCX Intermediate Term TaxPairCorr
  1.0TWSCX Strategic Allocation:PairCorr
  0.99TWSAX Strategic Allocation:PairCorr
  0.77TWSMX Strategic AllocationPairCorr
  0.98TWSIX Select Fund IPairCorr
  0.65TWUSX Short Term GovernmentPairCorr
  0.97TWVLX Value Fund InvestorPairCorr
  0.95TWUAX Ultra Fund APairCorr
  0.97TWUIX Ultra Fund IPairCorr
  0.93TWUOX Short Term GovernmentPairCorr
  0.79TWWOX Intermediate Term TaxPairCorr
  0.97NPHIX High Income FundPairCorr
  0.9ANORX Small Cap GrowthPairCorr
  0.9ANONX Small Cap GrowthPairCorr

Related Correlations Analysis


Risk-Adjusted Indicators

There is a big difference between One Mutual Fund performing well and One Choice Mutual Fund doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze One Choice's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.